Mike Novogratz: If the Clarity Act is not pushed forward, US cryptocurrency regulation will face long-term uncertainty

Galaxy Digital CEO Mike Novogratz stated that if the Clarity Act is not pushed forward on September 16 (UTC+8), the United States may not be able to obtain cryptocurrency regulation for a long time, which will force more industries to offshore. Mike Novogratz believes that the digital and blockchain revolution will continue, and the SEC and CFTC will take another two years to establish rules and allow businesses to start, but longer-term uncertainty is not good. He calls on senators from both parties to focus on the big picture.